2021-1-9 01:48 |
Cryptocurrency interest accounts are making a strong case for the disintermediation of traditional interest-bearing accounts by offering 10x to 64x more APY. Platforms like BlockFi and Celsius offer around 8. origin »
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Paxful Inc. , a peer-to-peer bitcoin exchange, is seeing significant growth in Africa. The U. S. -based company said Africans now accounted for the largest number of people buying and selling cryptocurrency on its platform, with average monthly transactions totaling $64.
2018-11-2 05:45 | |
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In two separate lawsuits, Federal Courts in Brazil have ordered Banco do Brasil and Banco Santander to reopen the bank accounts of Bitcoin Max cryptocurrency exchange. The banks had initially closed down the accounts of the exchange in September.
2018-11-1 18:24 | |
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A Brazilian court has ordered the reopening of cryptocurrency exchange Bitcoin Max’s bank accounts, which were closed without explanation by Banco do Brasil and Banco Santander in September.
2018-11-1 03:00 | |
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Binance has frozen multiple accounts associated with the cryptocurrency exchange Wex, citing money laundering concerns. The CEO of Binance went on Twitter recently to announce the freezing of multiple accounts owned by Wex, claiming that Binance will cooperate with law enforcement in any way possible should a criminal investigation result from alleged money laundering.
2018-11-1 01:47 | |
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Bitcoin is the world’s first cryptocurrency and the most dominant one too. Bitcoin accounts for around 50 percent of the total market capitalization of the world’s 2000+ digital coins. However, Bitcoin also introduced us to a new concept – cryptocurrency mining.
2018-10-31 18:29 | |
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The commissioner of the Financial Services Commission (FSC) of South Korea, Choi Jong-Ku, has reaffirmed that there exists no issues related to compliance and security in the process of banks providing virtual bank accounts to local cryptocurrency exchanges.
2018-11-1 14:09 | |
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Banks facilitate joint accounts, which are in the name of at least two people. With cryptocurrency wallets too, multiple owners are allowed to log into one wallet. Now, open-sourced mobile wallet for Ethereum and Bitcoin, Multy, is making the use of such wallets easier.
2018-10-31 13:59 | |
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Binance, the world’s largest cryptocurrency exchange, has frozen accounts that received more than 93,000 ether from two wallets indirectly linked to the troubled Russian exchange WEX, CoinDesk reported.
2018-10-31 09:52 | |
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Mastercard has won a patent for fractional cryptocurrency banking, which suggests the global payments multinational has plans for a management system of fractional reserves of blockchain currency.
2018-10-30 23:00 | |
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Expobank, a commercial bank from the Czech Republic is set to introduce cryptocurrency transactions that will combine with conventional financial features in their online services. The bank says its customers will get the opportunity to trade their cryptocurrencies, invest through crowdfunding and even buy precious metals using their accounts. Expobank CZ further touts itself as […]
2018-10-29 11:21 | |
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The Tron Mainnet entered the cryptocurrency world at the end of May, and they have been functioning without any problems since they launched the Genesis block soon after. Accounts have continued to accrue since then, now boasting over half a million users, so it should not come as a shock that they have been surpassing […]
2018-10-28 09:19 | |
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A commercial bank in the Czech Republic is now offering online services that combine traditional financial features with those for cryptocurrency users. Expobank CZ says its customers will be able to trade cryptocurrencies, invest in startups, and buy precious metals through their accounts.
2018-10-27 12:15 | |
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Huobi Group revealed at the World Blockchain Summit in Dubai that the company is looking to expand its operations to the Middle Eastern, African and South Asian markets in a bid to provide services to its unbanked or underbanked residents.
2018-10-26 21:07 | |
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FXOpen AU Introduces Crypto Trading Account FXOpen AU recently introduced a cryptocurrency account that enables users to trade digital currencies as CFDs directly from their FXOpen accounts. The account supports up to 15 different cryptocurrencies, including BTC, ETH, XMR, NEO, and EOS, and so on. The creation of this account is a result of the […]
2018-10-25 04:48 | |
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David Chaum, the cryptographer credited with starting the cypherpunk movement in the 1980s and launching eCash, an early form of virtual money in the 1990s, thinks people are taking financial privacy a lot more seriously these days.
2018-10-24 18:02 | |
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The recent activation of the Tron Virtual Machine (TVM) might be a game changer for the blockchain platform. Since TVM was launched in October, there has been a substantial rise in the number of Tron-based decentralized applications, which, if sustained, could further increase the number of users of the platform.
2018-10-24 15:59 | |
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The second half of 2018 has seen Dollar-pegged cryptocurrencies (stablecoins) flood the market, but recent data suggests that Bitcoin might become the one true stablecoin. The latest report from blockchain research group Diar shows while Tether still accounts for an overwhelming majority of the total stablecoin volume, cryptocurrency traders are actually starting to exchange with Bitcoin directly, rather than use new, regulated alternatives.
2018-10-24 13:51 | |
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Alfred Nobel died with regrets. After making a fortune off of explosives, he indicated in his will that his fortune should be used to make a prize awarded each year to those who “conferred the greatest benefit to humankind.
2018-10-23 23:22 | |
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The $34 million Bitcoin scam has its prime suspect named Prinya Jaravijit who was arrested in Thailand after returning to the country. Jaravijit is allegedly part of a scam which saw a man from Finland, Aarini Otava Saarimaa scammed out of over 5,500 Bitcoins, this would be worth around $34 million in today’s market.
2018-10-17 12:00 | |
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Bitfinex Issues Fiat Deposit Update, Decides to Place a Hold for Only Some Customer Accounts Bitfinex Issues Fiat Deposit Update, Decides to Place a Hold for Only Some Customer Accounts Binance Uganda is Live as First Fiat-Crypto Trading Exchange Platform in Country Binance Uganda is Live as First Fiat-Crypto Trading Exchange Platform in Country Ethereum […]
2018-10-17 04:05 | |
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Hackers are believed to have stolen hundreds of thousands of dollars worth of EOS cryptocurrency from blockchain-powered gambling dApp EOSBet — again. Thieves have exploited another vulnerability in the automated dice game, allegedly taking at least $338,000 from its operational wallets.
2018-10-15 16:38 | |
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Gemini recently announced that Litecoin is to be the latest cryptocurrency to be supported on the platform. The news broke out last week, that the digital currency will now be offering Litecoin on its exchange.
2018-10-15 12:30 | |
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On Friday, October 12, 2018, Gemini announced the addition of Litecoin (LTC) to its trading catalog. Litecoin becomes the fourth cryptocurrency added to the Winklevoss-owned platform. NYSDFS Approval for Litecoin Trading on Gemini Eric Winer, the platform’s VP of Engineering announced the news via a post on the company’s Medium account.
2018-10-13 02:00 | |
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Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018.
2018-10-13 23:34 | |
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One of the biggest players in the cryptocurrency exchange Bitfinex decided to halt wired deposit of US Dollar, EURO, Pound Sterling, Japanese Yen. This happened on Thursday when screenshots from customers accounts were circulated on the social media.
2018-10-12 17:04 | |
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It has been a busy week for Singapore as it relates to cryptocurrency. The city-state is set open the first fiat-crypto exchange in Southeast Asia, while the financial regulator has vowed to help crypto companies set up local bank accounts, according to media reports.
2018-10-11 18:30 | |
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Bitfinex, the world’s fourth-largest cryptocurrency exchange by means of trading volume, has purportedly halted fiat deposits temporarily. EUR, USD, JPY, GBP Wire Deposits Temporarily Halted Screenshots of customer accounts started circulating on social media moments ago, suggesting that the British Virgin Islands-based and Hong-Kong-operated cryptocurrency exchange has temporarily paused wire deposits with EUR, USD, JPY, and GBP.
2018-10-11 16:00 | |
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Tech Bureau, the operators of Zaif Cryptocurrency Exchange, has released its financial plans to compensate affected customers’ accounts from last month’s hack. Fisco Digital Asset Acquires ZAIF Cryptocurrency Exchange In a press release issued on Wednesday, Tech Bureau announced the conclusion of the business deal with Fisco Digital Asset Group.
2018-10-11 14:56 | |
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Singapore’s financial regulator has revealed it will help local cryptocurrency firms set up traditional bank accounts, to help boost the country’s fintech economy. “What we are trying to do is to bring the banks and cryptocurrency fintech startups together to see if there is some understanding they can reach,” Monetary Authority of Singapore managing director Ravi Menon told Bloomberg.
2018-10-11 13:52 | |
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Digital currency businesses have seen several difficulties in securing banking services in the UK and now they have a new option. LBX has launched a new service which offers access to an account where customers can store, manage and transfer both their traditional currency and their holding of digital currency.
2018-10-11 13:30 | |
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Swiss insurance broker ASPIS SA has launched CryptoIns, a platform that provides insurance protection for its customers’ crypto funds held in personal accounts on exchanges and in wallets. The post First Online Service for Insuring Accounts on Cryptocurrency Exchanges and in Wallets Goes Live appeared first on CoinSpeaker.
2018-10-11 22:37 | |
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Anyone With 100 Accounts Can Spoof Millions of Fake Orders on BitMEX “For Basically Nothing”, According to New Report BitMEX is more prone to price manipulation than other exchanges, according to a new report online.
2018-10-10 08:04 | |
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The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves.
2018-10-10 23:38 | |
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A Canadian banking cartel has allegedly frozen $28 million in customer funds belonging to Canada’s largest cryptocurrency exchange. Vancouver-based exchange desk QuadrigaCX claims the Canadian Imperial Bank of Commerce (CIBC) locked the money and froze accounts belonging to its payment partner, Costodian, and its owner, Jose Reyes.
2018-10-9 12:59 | |
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The Independent, a media news site, reported Sept. 29 that Facebook, the world’s largest social media network, discovered another embarrassing hack in mid-September, just a few months after the infamous Cambridge Analytica scandal.
2018-10-8 17:59 | |
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2018 has been quite interesting for cryptocurrency exchanges. A lot of companies saw a new influx of additional customers, whereas other platforms fell victim to severe hacks. Zaif, the most recently hacked major trading platform, is now suspending the registration of new user accounts.
2018-10-8 09:44 | |
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ZAIF, an Osaka-based cryptocurrency exchange that was hacked last month has yet to compensate the affected customers. ZAIF cryptocurrency exchange lost over 6. 7 billion Yen during the breach, 4.
2018-10-6 10:35 | |
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An exchange-traded bitcoin fund (ETF) would signal greater acceptance of bitcoin as a mainstreet investment, while also making it much easier for both institutional and retail investors to get involved.
2018-10-6 01:07 | |
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Financial savings have long been the foundation of wealth and asset building. However, we are now in a time when the growing obsolescence of financial institutions has forced certain technologies out of date, created high fees, revealed structural inefficiencies and, ultimately, meant that some standard investment solutions now fail to place consumer needs first.
2018-10-6 16:37 | |
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The global cryptocurrency payment service provider, Bitpay, has announced the company’s loadable cryptocurrency debit card services will no longer work for European customers later this month. Bitpay has emailed all of its European card holding customers and revealed it is in the midst of sunsetting all Bitpay accounts related to the Wave Crest-issued Bitpay card.
2018-10-5 20:05 | |
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Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |
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Wirex, a leading crypto and traditional currency payment platform, launched IBAN on EUR accounts for users in Spain and France while increasing account limits – making them some of the highest limits in the industry, according to a mail shared with BTCManager on October 1, 2018.
2018-10-2 19:30 | |
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Wirex on Friday announced it had introduced International Bank Account Numbers (Iban) on its Euro accounts for customers in Spain and France. The bitcoin and cryptocurrency wallet firm also doubled account thresholds for users within the 31-member European Economic Area (EEA) to between $18,560 and $20,000, meaning customers can credit their accounts by that much.
2018-9-29 06:25 | |
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Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.
2018-9-29 01:06 | |
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In what seems like the first coordinated strike from government agencies, the U. S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the Federal Bureau of Investigation (FBI) have taken action against a securities broker for violating federal laws in connection with security-based swaps funded by bitcoin.
2018-9-29 22:29 | |
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German digital currency exchange Bitcoin Group SE reported on Friday a first-half net profit increase of more than 300% to €3. 32 million (~$3. 85 million USD). The company added 86,000 new accounts of people buying and selling cryptocurrency like bitcoin and bitcoin cash in the first six months of 2018.
2018-9-28 20:30 | |
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Zeb IT Service Ltd, the company behind India’s Zebpay bitcoin and cryptocurrency exchange has announced that the hindrance on its bank accounts has paralyzed customers ability to transact business meaningfully.
2018-9-28 11:27 | |
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In a landmark case for the cryptocurrency industry, a federal judge has ruled that a cryptocurrency caught in the midst of a lawsuit is a commodity, court documents reveal.
2018-9-28 23:15 | |
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Bitnovo has launched support for bitcoin cash (BCH). Starting September 27, users of Bitcard and N26 account, both bank-free product offerings from the Spanish cryptocurrency trading platform, will be able to replenish their cards or accounts with BCH.
2018-9-27 20:35 | |
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MultiversX (EGLD), NEAR Protocol (NEAR) and Nexo (NEXO) are among altcoins that have slipped into red as the global crypto market declines 2. 4% in the past 24 hours. Meanwhile, the crypto market is eyeing broader investor reaction to upcoming US inflation data and other potential catalysts.
Crypto debit cards are all the rage, granting unprecedented ease of access to real-world goods and services for crypto users. With so much competition now in the space, it can be hard to make a decision. Let’s take a look…
On its sixth birthday, Nexo has introduced a thrilling $12 million NEXO Token hunt, designed to engage and reward both new and existing users within its ecosystem. The event, dubbed Nexonomics Hunt, offers participants the chance to stack points, multiply gains, and unlock a variety of surprises, marking it as Nexo’s largest reward initiative to […]
Nexo Card's holiday spending hits $50M, earning the FinTech Breakthrough Award for payment innovation.
Nexo's Dubai entity gains initial approval from VARA, marking a significant step in expanding its virtual asset services in the UAE.
Nexo, a leading digital assets institution, has achieved a significant milestone in its expansion strategy, securing Initial Approval from Dubai’s Virtual Assets Regulatory Authority (VARA) for its Dubai entity, Nexo DWTC.
Nexo, a company offering digital asset services, has won initial approval as a licenced entity in Dubai from the region's Virtual Assets Regulatory Authority (VARA), it announced Tuesday.